![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](http://files.simplifyingthemarket.com/wp-content/uploads/2018/04/19123027/20180420-Share-STM.jpg)
![Home Buying Myths Slayed [INFOGRAPHIC] | Simplifying the Market](http://files.simplifyingthemarket.com/wp-content/uploads/2018/04/19122954/20180420-STM-ENG.jpg)
Some Highlights:
- The average down payment for first-time homebuyers is only 6%!
- Despite mortgage interest rates being over 4%, rates are still below historic numbers.
- 88% of property managers raised their rents in the last 12 months!
- The credit score requirements for mortgage approval continue to fall.
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